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TORO CO Director's Dealing 2010

Dec 9, 2010

30737_dirs_2010-12-09_bc609c96-2011-498e-87f6-c1e8c6d27131.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TORO CO (TTC)
CIK: 0000737758
Period of Report: 2010-12-07

Reporting Person: Redetzke Darren L (VP, Commercial Business)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-07 Common Stock A 632 Acquired 1291 Direct
2010-12-07 Common Stock F 206 $64.38 Disposed 1085 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-08 Stock Option $63.52 A 4800 Acquired 2020-12-08 Common Stock (4800) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 7198.036 Indirect

Footnotes

F1: Represents payout of Performance Share Awards for the Fiscal 2008 to Fiscal 2010 Performance Period under The Toro Company Performance Share Plan (the "PSP"), as approved by the registrant's Compensation & Human Resources Committee of its Board of Directors and conditioned upon and subject to confirmation by the registrant's Fiscal 2010 financial results released on December 7, 2010. Performance Share Awards are paid in Shares of Common Stock under the PSP.

F2: Includes the following shares of common stock acquired by the reporting person since the date of his last report: 72.691 shares acquired under the dividend reinvestment feature of The Toro Company Investment, Savings & ESOP (IS&ESOP); and 61.406 shares acquired through issuer annual investment fund contributions to the IS&ESOP.

F3: The option vests in three equal annual installments commencing on the first anniversary of the date of grant.